VIDYA (Variable Index Dynamic Average) [Loxx] — Indicator by loxx

Variable Index Dynamic Average Technical Indicator (VIDYA) was developed by Tushar Chande. It is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging.

This is an exact clone of the VIDYA MT4 indicator

**Future updates
I might change the way it calculates trend direction so its less choppy

Release Notes:

Updated to allow for multiple timeframes and gap selection

Public Telegram Group, t.me/algxtrading_public

VIP Membership Info: www.patreon.com/algxtrading/membership

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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